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What if any are the benefits of multiplexing?

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Multiplexing is sending multiple signals or streams of information on a carrier at the same time in the form of a single, complex signal and then recovering the separate signals at the receiving end. In analog transmission, signals are commonly multiplexed using frequency-division multiplexing (FDM), in which the carrier bandwidth is divided into subchannels of different frequency widths, each carrying a signal at the same time in parallel. In digital transmission, signals are commonly multiplexed using time-division multiplexing (TDM), in which the multiple signals are ...

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This solution explains the benefits of multiplexing.